A new scam is sweeping the nation by claiming that President Obama will pay your utility bills through a new federal program. Customers of utility business FirstEnergy Corp. have reported the scam, and several other energy companies issued warnings to their customers about it.
How the Scam Works:
Consumers have been contacted in person and through fliers, social media and text messages with claims that President Obama is providing credits or applying payments to utility bills.
To receive the money, scammers claim they need the consumers' social security and bank routing numbers. In return, customers are given a phony bank routing number that will supposedly pay their utility bills. In reality, there is no money, and customers believe they have paid their bills when in fact they have not.
Tips to Avoid Falling for this Scam:
For more information about scams in your area, check out BBB's complete scam directory.